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By waiving Paul Reed Jr., the Pistons will be below the “floor,” or team minimum salary. This is the secret area of the 2023 CBA that encourages teams to spend and punishes those who spend less. 8:04pm
Pistons reportedly fire Paul Reed Sportando.basketball/en/pistons-rep… – 4:59 p.m.
Oklahoma City is a team I’ve been eyeing as a Paul Reed candidate for a long time. You can see that it matches – 3:14 p.m.
The Detroit Pistons have waived center fielder Paul Reed, a source told ESPN. Reed appeared in 12 games, averaging 4.8 points and 2.3 rebounds per 10 minutes. The move was made to give Detroit roster and payroll flexibility with less than two months until the NBA trade deadline. pic.x.com/93AOdymJXP – 3pm
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Eric Pincus: The Pistons will go below the “floor” or team minimum salary by waiving Paul Reed Jr. This is a hidden area of the 2023 CBA that encourages teams to spend and punishes those who spend less. -via x.com / December 14, 2024
Eric Pincus: Teams have to get to the venue before the regular season starts to avoid losing their share of the luxury tax, which is currently about $19 million. DET got there by taking the lead in preseason. Letting him go now will give them a day until they get back on the floor -via x.com / December 14, 2024
Bobby Marks: Roster/Financial Impact of Paul Reed Waiver in Detroit 💰 Cap Hit: $2.48 million 💰 Cap Space: $15.5 million 💰 Below Floor: $1,418,136 🏀 Open Roster Spaces: 2 -via Twitter @BobbyMarks42 / December 14, 2024
